Your guide to the busiest week of the season
The corporate earnings season will reach its halfway point with the busiest week of the reporting period. More than 100 S & P 500 companies are slated to post their latest quarterly reports. Among those are Alphabet, Amazon and Advanced Micro Devices. So far, about 180 S & P 500 members have reported fourth-quarter earnings. Of those, 77% have topped analyst expectations. That’s above the 10-year average beat rate of 75%, according to FactSet . Take a look at CNBC Pro’s breakdown of what’s expected from this week’s key reports. All times are ET. Monday Palantir Technologies is set to report earnings after the bell, followed by a call at 5 p.m. Last quarter: PLTR surged 20% on a strong revenue outlook . This quarter: Analysts polled by FactSet expect a 37% year-over-year jump in earnings. What to watch: Palantir is coming off a monster year, surging 340% in 2024. Can the software company keep that momentum going in 2025? What history shows: Palantir has rallied more than 10% in four of the last five earnings days, according to Bespoke Investment Group. Tuesday Pfizer is set to report earnings in the premarket, with a conference call with management slated for 10:30 a.m. Last quarter: PFE topped earnings estimates and hiked its full-year guidance . This quarter: Analysts polled by FactSet see revenue growth of more than 20% from the year-earlier period. What to watch: Pfizer CEO Albert Bourla told CNBC in January that the company would be focused on its drug pipeline, which includes trials for three oncology treatments and one weight loss medication. Investors will look for clarity on that front. What history shows: Pfizer has a strong track record on earnings, beating expectations 87% of the time, Bespoke data shows. Alphabet is set to report earnings after the bell, followed by a call at 4:30 p.m. Last quarter: GOOGL earnings beat expectations thanks to strong cloud revenue . This quarter: The Google parent’s earnings are forecast to have grown by nearly 30%, per FactSet. What to watch: Oppenheimer’s Jason Helfstein is optimistic heading into the report following encouraging results from Meta Platforms. “META confirmed Gen AI is driving ad price growth, which should also benefit GOOG, cementing it as an AI winner,” he said. What history shows: Alphabet earnings have topped analyst expectations for seven quarters in a row, Bespoke data shows. Advanced Micro Devices is set to report earnings following the close. Management is slated to hold a conference call at 5 p.m. Last quarter: AMD fell after the company’s forecast failed to impress investors . This quarter: Analysts expect the chipmaker to report year-over-year earnings growth of 40%, per FactSet. What to watch: AMD shares took a 5% hit last week as the artificial intelligence trade showed signs of faltering after the emergence of DeepSeek. On top of that, the stock has dropped 30% over the past 12 months due to growing competition concerns. Investors will look for signs of a turnaround in this report. What history shows: AMD fell in three of the last four earnings days, including a 10.6% drop on Oct. 29. Wednesday Disney is set to report earnings before the open, with a call scheduled for 8:30 a.m . Last quarter: DIS surged on strong streaming growth and solid guidance. This quarter: The company is expected to report solid earnings growth, but revenue is forecast to expand by just 4%, per FactSet. What to watch: According to JPMorgan analyst David Karnovsky, Disney may be the best-positioned company in a challenged media industry, which will bode well for results. “While we are cautious on the media landscape due to PayTV sub losses and advertising headwinds, Disney is our favorite in the group due to the company’s unique content, improving streaming financials, and parks operation, which provides an avenue to attractively deploy capital,” he said. What history shows: Bespoke data shows Disney has beaten earnings estimates for six straight quarters. Ford Motor is set to report earnings after the bell. Management will hold a call at 5 p.m. Last quarter: F issued weak guidance for 2024 , but third-quarter earnings beat expectations. This quarter: Analysts polled by FactSet expect 20% year-over-year earnings growth from the automaker. What to watch: Barclays analyst Dan Levy isn’t optimistic heading into Ford’s latest report. Last month, he downgraded the stock to equal weight from overweight, noting : “It lacks a compelling case for us to remain OW-rated. Simply, with Ford facing headwinds from volume and price in ’25, it’s unclear that cost actions will be sufficient to offset these drags — this uncertainty leads us to step to the sidelines with an EW rating.” What history shows: Ford beats earnings expectations nearly 70% of the time, per Bespoke. However, the stock averages a 0.7% decline on earnings days. Thursday Amazon is set to report earnings after the bell, with a call slated for 5 p.m. Last quarter: Amazon beat the Street’s expectations on earnings and saw strong cloud growth. This quarter: The e-commerce giant is expected to report earnings growth of nearly 50% year on year, according to FactSet. What to watch: Bank of America analyst Justin Post noted Amazon Web Services and retail margin growth are still intact, meaning the company should outperform expectations. “While AWS growth and Retail margin expectations have increased, we think AI-driven Cloud growth remains a top sector opportunity, while Retail Margin expansion can continue to drive outsized profit growth vs. peers,” he said. What history shows: Amazon has beaten earnings expectations for seven straight quarters.
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